Ask the Money Doctor

We've assembled a volunteer panel of qualified CPAs that have attained the Personal Financial Specialists (PFS) credential for comprehensive financial planning to act as Money Doctors and answer questions from consumers regarding their financial planning issues. The program is offered as a public service and is designed to help and protect consumers by providing guidance on basic financial planning issues.

Recent Q & A's

I'm 35 years old, I've been the sole owner of a Mexican restaurant with 1 million a year in gross sales and 135k profit a year. I'm looking to open a 2nd location and I have...View More

I am the owner of a sole proprietor LLC and employed my 11 year old son this year in the family business. From what I have read, he is exempt from paying social security and...View More

Can you amend an existing durable power of attorney? Currently POA lists 3 children, to act jointly or by majority of them. One of the existing POA's wants to be removed as...View More